Civista Bancshares, Inc. Reports Robust Financial Growth for 2025

Civista Bancshares, Inc. Reports Strong Financial Performance for 2025

Civista Bancshares, Inc. (NASDAQ: CIVB) has released its fourth-quarter and full-year financial results for 2025, reflecting significant growth and strategic advancements. The company reported a net income of $12.3 million, translating to $0.61 per common share for the fourth quarter, compared to $9.9 million in the same quarter of 2024 - marking a notable 24% increase year-over-year. For the full year, Civista reached a net income of $46.2 million, up by 46% from $31.7 million in 2024.

The robust performance comes amid successful integration following Civista's acquisition of The Farmers Savings Bank (FSB), which officially closed in November 2025 and added approximately $268.1 million in assets, $106.2 million in loans and leases, as well as $236.1 million in deposits. The integration process is on track, with a core conversion scheduled for February 2026, allowing Civista to effectively enhance its service offerings and expand its market presence in Northeast Ohio.

CEO Dennis G. Shaffer commented on the achievements, stating, “Our fourth-quarter results cap a year of exceptional progress for Civista. We experienced solid operating momentum, disciplined growth, and success in executing our strategic objectives even in a challenging rate environment.”

Civista demonstrated a strong diluted earnings per share of $2.64 for the entire year 2025, representing a 31% growth from $2.01 in 2024. Notably, the net interest income also saw a substantial increase of $21.9 million, or 18.7%, reflecting the strength of the banking operation even as the company navigates through the ups and downs of the economic landscape.

Additionally, Civista's efficiency ratio significantly improved to 57.7% for the fourth quarter, a drastic reduction from 68.3% in the same quarter the previous year. This marked the sixth consecutive quarter of efficiency improvement for the company, indicating robust operational management and effective cost controls.

The success of Civista's financial strategy can be further seen in its cost of funds, which decreased to 208 basis points in the fourth quarter, down from 242 basis points over the prior year. This reduction in costs contributes to a more competitive positioning for the bank.

Civista's growth has also positively impacted its deposit base. Total deposits increased to $3.5 billion, up 7.9% from December 31, 2024. The significant enhancements in both deposits and loans indicate a successful retention and acquisition strategy that aligns with the bank’s long-term goals of community presence and customer satisfaction.

Despite ongoing economic uncertainties, Shaffer emphasized Civista's commitment to providing responsive and customer-centered banking services. “Our relationship-focused approach and community-banking roots equip us to navigate uncertainty with confidence,” he said, reiterating the bank's focus on supporting the families and businesses in the communities served.

Civista Bancshares continues to evolve as a financial institution, blending its historical roots with contemporary banking solutions to meet the modern financial needs of its customers. With a solid footing reflected in its financial results, Civista looks forward to 2026 as a pivotal year for growth, customer service, and market expansion.

In summary, Civista's impressive fourth-quarter and annual financial results not only highlight the bank’s profitability but also underline the strategic importance of their recent acquisition and efficient operational practices. As the company gears up for the next stage of growth, stakeholders and customers alike can expect a sustained focus on delivering value and enhancing banking experiences across its broadening market presence.